Sabic Finalizes 2020 Growth Plan; Petrokemya 4 Likely to be Next

Sabic is finalizing a long-term growth plan, dubbed “Sabic 2020,” CW has learned. Arthur D. Little has been hired as consultant on the scheme, and is working with a team of executives from all of Sabic’s business units. The aim of the program is to reinforce Sabic’s position as one of the leading international petrochemical producers, sources say. The plan will be submitted to Sabic’s board for approval next month. Al Mady: Planning for ‘tremendous’ growth Doubling Sabic’s overall production capacity from 50 million...

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